A price prediction
Predicted price range for Agilent Technologies Our trading algorithm values Agilent Technologies (A) to be fairly valued. ###PLOTLYGRAPH### The red …
Read ArticlePredicted price range for Laboratory Corp of America Holdings
Our trading algorithm values Laboratory Corp of America Holdings (LH) to be fairly valued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | fairly valued |
| Current trend | downtrend |
| Buy/Sell Recommendation | Neutral |
| Current Price | $209.29 |
| 60 Day Prediction | $202.8 |
| 60 Day Pred - Lower Bound | $190.09 |
| 60 Day Pred - Upper Bound | $215.39 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = -0.192 * nr_days_in_the_future + 208.561
Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
LH traded at $209.29 this Friday October 14th, gaining since last week.
Looking back, over the last month, LH has been loosing $-14.26 or -6.813517235928854 percent.
Over the last year, it has been loosing $-66.76 or -31.898321299845605 percent.
Seasonality of Laboratory Corp of America Holdings
Using our AI model, we have been analyzing the value change for Laboratory Corp of America Holdings depending on the day or month of a year. This can be seen in the following graph:
